B8313-002: Security Analysis

The objective of this course is to introduce both the theory and application of Security Analysis. Students should expect to obtain a broad knowledge of security markets, competitive strategy, behavioral finance, financial statement analysis and valuation methods. In addition, various value investment strategies will be reviewed that will provide a foundation for students to apply the skills they have learned upon graduation from Columbia Business School.

Qualitative and quantitative analytic capabilities will be developed as well as presentation skills.

Adjunct Associate ProfessorIan McDonald has been an analyst and PM for 15 years and is currently a senior member of the investment staff at Hilltop Park, a NYC based hedge fund. Ian co-founded Tourmalet Advisors in 2009 and served as President and Director of Research, overseeing a team of analysts for the firm’s global long/short equity fund and co-managing a series of distressed residential mortgage funds. Prior...